Thursday, August 22, 2013

FED Money Printing Won't Stop


According to investment banker James Rickards, rumors of the Federal Reserve ending the money printing propping up the markets is not going to end anytime soon. Rickards predicts, "My view is they won't. The economy is fundamentally weak. We have 50 million on food stamps, 24 million unemployed and 11 million on disability, and all these numbers are going up." When the subject of gold confiscation came up, Rickards said, "I just don't think it will happen because the government will find it will be very hard to enforce."

- Source, USA Watchdog: